medium of exchange

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

All you need to know is it’s yet another cryptocurrency like bitcoin — a virtual medium of exchange that gets its value not from banks or governments but from the people who use it.

From Los Angeles Times

Investors, traders, multinational firms, insurance companies and pensions lose confidence in the dollar as a medium of exchange or a store of value.

From Washington Post

First, money is a medium of exchange, something that everyone accepts and that “lubricates the action of exchange”.

From The Guardian

Perhaps that means that Facebook is kidding, or hasn’t thought things through, or is not really planning for Libra to be a meaningful medium of exchange.

From The Verge

Facebook’s goal for Libra is that it will become a near-instant medium of exchange across Facebook apps such as WhatsApp and Instagram, as well as across the broader internet, when it launches in 2020.

From Los Angeles Times